Peoria Condos LLC Acquires Mixed-Use Property In Denver For $4.9M

Malman Commercial Real Estate has orchestrated the acquisition of 22 industrial/flex condominiums at 5475 Peoria St. in Denver by Peoria Condos LLC for $4.9 million. The mixed-use property, located at 5475 Peoria Street, offers a versatile space that includes both residential and commercial units. The transaction took place on January 3, 2024, and involved multiple sellers, including Slang Colorado RE1 LLC, 5475 Building I LLC, and 5475 Building II LLC.

Summary of transaction details

• Property Type: Mixed-use
• Transaction Amount: $4,900,000
• Market: Denver, CO

Jake Malman of Malman Commercial Real Estate acted as the buyer's representative in the deal, assisting Peoria Condos LLC in acquiring the property. Mark Alley and Paul Schneider, from Pinnacle Real Estate Advisors, represented the sellers during the transaction. The involvement of these experienced real estate professionals highlights the importance of skilled and knowledgeable agents in complex property transactions.